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    Property profile

    1500 Crums Ln Louisville, KY 40216

    OFF-MARKET
    Industrial land
    Property ID
    US34-0364967
    15.26 ac lot
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
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    Property summary

    AI-generated overview

    This exceptional 15.12-acre parcel of commercially zoned land presents a significant investment opportunity in South Louisville, Kentucky. Located at 1500 Crums Lane, this property boasts an M-2 zoning designation, opening doors to a variety of industrial development projects. The expansive lot size offers ample space for a wide range of uses, including industrial development, self-storage facilities, or industrial outdoor storage (IOS). Its strategic location provides convenient access to Interstate 264, ensuring seamless transportation and logistics. The asking price is $1,965,600, translating to $130,000 per acre, reflecting the land's high value and potential. The property's Jefferson County location, with a Louisville, KY 40216 zip code, further enhances its appeal. The APN is 090E01160000. This is a rare chance to acquire a substantial tract of land in a thriving industrial area, poised for significant growth and return on investment. Don't miss this opportunity to secure a prime piece of Louisville real estate.

    Property profile

    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 15.26 ac (664,726 SF)
    Zoning code M2-INDUSTRIAL
    APN 13090E01160000
    UPID US34-0364967

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    1500 Crums Ln Louisville, KY 40216-3824
    Louisville metro Census 4301 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $1.09M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.11M

    Owner & transaction history

    since 2024
    Last sale
    $1.1M
    4 recorded transactions
    2024
    Price N/A
    2021
    Price N/A
    2021
    Price N/A
    2020
    $250,000

    Zoning & alternative use

    M2-INDUSTRIAL · Louisville, KY

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $245,000
      31.08 Acres
      4620 Lees Ln
      INDUSTRIAL - VACANT LAND
      4620 Lees Ln, Louisville, KY 40216-2114
      View Details
    • Value Estimation
      $250,000
      12.50 Acres
      3801 Schmitt Rd
      INDUSTRIAL - VACANT LAND
      3801 Schmitt Rd, Louisville, KY 40216-4613
      View Details
    • Value Estimation
      $315,000
      12.06 Acres
      3800 Schmitt Rd
      INDUSTRIAL - VACANT LAND
      3800 Schmitt Rd, Louisville, KY 40216-4614
      View Details
    • Value Estimation
      $305,000
      8.24 Acres
      3611 7th St Rd
      INDUSTRIAL - VACANT LAND
      3611 7th St Rd, Louisville, KY 40216-4139
      View Details
    • Value Estimation
      $410,000
      5.12 Acres
      3511 7th St Rd
      INDUSTRIAL - VACANT LAND
      3511 7th St Rd, Louisville, KY 40216-4137
      View Details
    • Value Estimation
      $235,000
      0.19 Acres
      4500 Cp Ground Rd
      INDUSTRIAL - VACANT LAND
      4500 Cp Ground Rd, Louisville, KY 40216-4608
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

    • New
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      82.00 Acres
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      View Details
    • New
      Contact for pricing
      4,500 sqft
      Retail Space Available For Rent
      Retail space available for rent, approximately 4,500 square feet.
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      View Details
    • New
      Contact for pricing
      1,300 sqft
      Multi-Story Office Building
      Multi-story office building with a versatile floor plan, located on Dixie Hwy with parking for customers and staff.
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    • New
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      Retail Suite with Highway Visibility
      Retail suite on a large parcel off Greenbelt Hwy with highway visibility and convenient access for customers.
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      View Details
    • Contact for pricing
      7,560 sqft
      Freestanding Flex Building with Yard
      Office, showroom, warehouse, and secured outdoor yard create a versatile operating configuration.
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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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